PeekMed launches US subsidiary in Warsaw

Portugal-based orthopedic technology company PeekMed announced its establishment of a formal subsidiary as PeekMed LLC based in Warsaw, Indiana. The company said the expansion is timed with the launch of its web platform that's undergoing testing to hit the US market.... Read More

Mainstream Fiber to expand service, add 200 jobs

Mainstream Fiber Networks announced Monday that a "significant" investment from New York-based Searchlight Capital Partners LP will allow for an expansion of high-speed broadband access to thousands of unserved and underserved rural Indiana communities.... Read More

Evansville tech firm lands $1.5M in seed funding

Evansville-based tech startup Laxis has completed a $1.5 million seed round of funding. The company, which has developed an AI platform to support revenue teams, says it will use the funding to further product development and grow its user base.... Read More

ActiveCampaign acquires California company

Chicago-based tech company ActiveCampaign, which has a presence in Indianapolis, is adding to its portfolio. The company, which has developed a market automation platform, has acquired California-based Onesend, though financial terms are not being disclosed.... Read More

Purdue sensor startup lands $1M federal grant

ZS Systems LLC, dba ZS Instruments, will use the Phase II SBIR National Science Foundation funds to work on a novel method to produce high-accuracy optical encoders, which will measure position and convert it into an electronic signal. It is a business working on this research with the Purdue College of Engineering researchers.... Read More